Nigeria

The Central Bank of Nigeria (CBN) has issued a new AML/CFT sanctions regime. The regime outlines tougher sanctions against financial institutions and top officials in case of money laundering infraction.

This circular from the Central Bank of Nigeria (CBN) to all directors and shareholders of micro finance banks outlines the changes of an amendment to "The Revised Regulatory and Supervisory Guidelines for Micro finance Banks".

This Central Bank of Nigeria (CBN) circular notifies all banks on the redesign of the Credit Risk Management System (CRMS)/Credit Bureau and invites their support of the project in various areas as outlined the circular.

This circular to all banks and discount houses provides a standard for the application of charges on the various types of products and services that Deposit Money Banks (DMBs) in Nigeria offer to their customers - individuals, corporate organizations and governments (federal, state, local and their agencies).

This circular from the Central Bank of Nigeria to all Other Financial Institutions (OFIs) mandates that all OFIs are to insert a "Statement of Prudential Adjustments" in their financial statements, in the "Notes to the Financial Statements" section.

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The Columbia Institute for Tele-Information (CITI) is a university-based research center focusing on strategy, management, and policy issues in telecommunications, computing, and electronic mass media.